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This phase means government take-over of an industry. "nationalize" means the private ownership ends and the industry belongs to the "people" and "they" get the profits if there are any.

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What is the meaning of the term government nationalization of industry.?

a government takes over and operates factories


When government takes control of industry it is called?

nationalization


Government nationalization of industry?

A government takes over and operates factories.


What is nationalization?

Nationalisation refers to the process by which a state takes over the operations of a firm. The word nationalization refers to the process of the government taking control over an industry or company for one of several reasons.


What did the Mexican government begin to do to the oil fields after the Good Neighbor Policy?

The nationalization of foreign assets in the oil industry in 1938.


What is the meaning of nationaligetion?

Did you mean nationalization? Nationalization is the act of nationalizing, or the state of being nationalized.


Who was the prime minister opposed to the nationalization of british industry?

Margaret Thatcher was the British Prime Minister who opposed the nationalization of British Industry. She served as Prime Minister from 1979 - 1990.


What is a sentence for assumation?

Government assumation of control of a business or industry in the private sector can be defined as nationalization


Which policy was not a feature of Hitler's Germany?

nationalization of industry. :) yup.


Two reason why the government may nationalize an industry?

the government may nationalize an industry 1-the industry may be sinking or becoming bankrupt 2-the industry may be exploiting consumers rights an need to be repremanded =================== A third reason may be that a nations vital self interest requires the nationalization of various industries.


Term for when government takes over a business?

Nationalization


What is the government takeover of natural resources businesses or industries?

nationalization